Thursday, August 10, 2006
30-year Fixed rate: SECURITY
If you’re looking for Security, then you need to lock in your 30-year fixed rate if you haven’t already. Rates are attractive again, even in the "jumbo" category...back down to the low and mid 6%’s on the fixed rates. You may also consider looking at "paying a point" if you plan to keep your fixed rate mortgage longer than 5 years... which is really the point behind fixing the rate for 30 years. What a concept. Call me for rates! 415-485-1776, serving all of California; Pat Townsley, Mortgage Broker.
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